Common use of Systems Readiness Clause in Contracts

Systems Readiness. The Seller shall have satisfied itself, in its reasonable discretion, that at the relevant Closing Date the information technology systems and other business processes necessary or appropriate to transact business with Purchaser, any Designated Purchaser or any of Purchaser's Affiliates from and after the relevant Closing Date pursuant to the Amended and Restated Master Contract Manufacturing Services Agreement, the Repair Services Agreement and the Logistics Agreement, are implemented and functioning sufficiently for their intended purposes.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Flextronics International LTD), Asset Purchase Agreement (Flextronics International LTD)

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Systems Readiness. The Seller Purchaser shall have satisfied itself, in its reasonable discretion, that at the relevant Closing Date the information technology systems and other business processes necessary or appropriate to transact business with PurchaserSeller, any Designated Purchaser Seller or any of PurchaserSeller's Affiliates from and after the relevant Closing Date pursuant to the Amended and Restated Master Contract Manufacturing Services Agreement, the Repair Services Agreement and the Logistics Agreement, are implemented and functioning sufficiently for their intended purposes.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Flextronics International LTD), Asset Purchase Agreement (Flextronics International LTD)

Systems Readiness. The Seller Purchaser shall have satisfied itself, in its reasonable discretion, that at the relevant Closing Date the information technology systems and other business processes necessary or appropriate to transact business with PurchaserSeller, any Designated Purchaser Seller or any of Purchaser's Seller’s Affiliates from and after the relevant Closing Date pursuant to the Amended and Restated Master Contract Manufacturing Services Agreement, the Repair Services Agreement and the Logistics Agreement, are implemented and functioning sufficiently for their intended purposes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nortel Networks LTD)

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Systems Readiness. The Seller shall have satisfied itself, in its reasonable discretion, that at the relevant Closing Date the information technology systems and other business processes necessary or appropriate to transact business with Purchaser, any Designated Purchaser or any of Purchaser's ’s Affiliates from and after the relevant Closing Date pursuant to the Amended and Restated Master Contract Manufacturing Services Agreement, the Repair Services Agreement and the Logistics Agreement, are implemented and functioning sufficiently for their intended purposes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nortel Networks LTD)

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